07 Jul Now that I’m working from home, can I deduct a home office?
There are strict rules surrounding deductions for work-related expenses. ...
06 Jul I’m getting a $50K inheritance. What taxes will be owed?
State inheritance taxes are based on the relationship between the heir and the deceased. ...
02 Jul Will mom have to pay taxes after a Roth IRA conversion?
A Roth conversion can cost you money now for tax-free income later. ...
29 Jun Is there a penalty if I use my IRA to buy a home?
If you're over 59 1/2, there's no penalty but there are taxes. ...
29 Jun I inherited an IRA from my spouse. Can I convert it to a Roth IRA?
Your options for converting an inherited IRA are limited. ...
25 Jun Will I face tax penalties if my pension loan becomes a withdrawal?
If you had a retirement plan loan, you have some options about paybacks. ...
22 Jun Will I have to pay taxes on the sale of my home?
New Jersey follows federal rules on the sale of your home. ...
19 Jun How is triple tax-free income considered by Social Security?
Social Security benefits may be taxable up to a maximum of 85% of your benefits....
18 Jun If I move to N.J., will our pensions be taxed?
New Jersey won't tax the income of certain retirees. Do you qualify?...
17 Jun What will working from home do to my next tax return?
You won't be double-taxed if you work in one state and live in another. ...